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New orders are coming in quickly for SmartTech, and management is confident that new contracts will take them through the next couple of years. The company has started investing again, but not in people. The number of employees is the same as when the company and its competitors faced the Great Recession. Most likely due to ________, the company is producing more product and services with less people.
Total Quality Management (TQM)
A comprehensive management approach that focuses on continuous quality improvement of products and services by involving all members of an organization.
Principles
Fundamental truths, rules, or standards that form the basis for reasoning, behavior, or the belief system of an individual or organization.
Deming's 14 Points
A set of management practices proposed by W. Edwards Deming to improve effectiveness, productivity, and performance within an organization.
Transformation
A thorough or dramatic change in form or appearance.
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